Enjoy peace & tranquility in this beautiful great room floor plan, well maintained home in the highly sought after community of Cedar Creek. This house boasts, full storm protection, 4 bedrooms (or) 3 + Den, 2 baths, a Florida room, open concept kitchen & great room, newer flooring, freshly painted, new roof in 2023, hurricane protection & more. The 4th bedroom is perfect for a den, home office, work out or hobby room. Enjoy quiet surroundings & beautiful landscaping on the outdoor screened lanai with plenty of room for a grill or outdoor kitchen, table & chairs, lounge chairs or add an above ground hot tub. This home had no damage from recent storms. Cedar Creek is a lovely gated community located 5 minutes to the beach, minutes to Prado or Coconut Point shopping centers with amenities including, JR Olympic Pool, Kayak Launch(kayak to Estero Bay or Gulf of Mexico), tennis, pickleball, play ground, picnic area, bocce, hot tub, community room, Butterfly Garden & walking trails. The sellers have priced this below market value so don't miss this opportunity to own a solid investment in a great location in Southwest Florida surrounded by everything your want to do. The winters average 75 degrees & there are at least 20 golf course in a 5 mile radius, boating, biking, beach, fishing & only 20 minutes to Fort Myers Airport. Cedar Creek still remains as one of the most desirable communities in the area.
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Our Executive Mortgage Banker:
Our Insurance Division:
$575,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $460,000 | $460,000 | $460,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $277 | $277 | $277 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,060 | $3,057 | $3,944 |
Total Monthly Payment | $3,429 | $3,426 | $4,313 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.